Exercise of Right to Make Share Issuance. The Borrower must deliver to the Investors notice by phone and facsimile (the “Share Payment Notice”) of its intention to issue shares of Common Stock pursuant to the provisions of this Section 2.14. Subject to such provisions, the Share Payment Notice shall be irrevocable and shall provide for a closing of the Share Issuance at or prior to 10:40 a.m. eastern time on the Share Payment Closing Date.
Appears in 2 contracts
Sources: Facility Agreement (Array Biopharma Inc), Facility Agreement (Array Biopharma Inc)
Exercise of Right to Make Share Issuance. The Borrower must deliver to the Investors Lenders notice by phone and facsimile (the “Share Payment Notice”) of its intention to issue shares of Common Stock pursuant to the provisions of this Section 2.142.11. Subject to such provisions, the Share Payment Notice shall be irrevocable and shall provide for a closing of the Share Issuance at or prior to 10:40 a.m. eastern time on the Share Payment Closing Date.
Appears in 1 contract